58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

My Mudra Fincorp Limited IPO (My Mudra Fincorp IPO) Detail

My Mudra Fincorp IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Banking And Finance - FinTech sector. Hem Securities is the merchant banker of My Mudra Fincorp IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd July 2024.

My Mudra Fincorp IPO open date is 5th September 2024 and close date is 9th September 2024. IPO Allotment Date is 10th September 2024 and Listing date is 12th September 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹33.26 Cr. Avg IPO Size (Sector Based) : ₹ 36.74 cr.
  • Sector: Banking And Finance - FinTech SME IPO so far: 10
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 47
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 71.14 cr
            (annualised): ₹ 8.36 cr
  • PE Ratio: 15.00x Average Sector PE Ratio: 28.33x

My Mudra Fincorp IPO Date

Date of DRHP:
2nd July 2024
IPO Allotment Date:
10th September 2024
IPO Open Date:
5th September 2024
Initiation of Refund:
11th September 2024
IPO Closing Date:
9th September 2024
IPO Listing Date:
12th September 2024

My Mudra IPO Info, Size, Subscription

My Mudra Fincorp IPO size is Rs 33.26 Cr. crores with IPO price of Rs 110.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 33.26 Cr.

Issue Price:
₹ 110.00

Market Capitalisation :
₹ 125.31 Cr.

PE multiple :
15.00

Subscription :
102.48 times

Pre Issue Promoter Holding :
78.74 %

Post Issue Promoter Holding :
57.84%

My Mudra Fincorp IPO Information

Sub Sector : acts as a Channel Partner (DSA) for major banks and NBFCs in India.
My Mudra Fincorp Limited functions as a Channel Partner (DSA) for major Banks and NBFCs operating in India. Their business model integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (physital) marketing approach to acquire customers for the banks and NBFC. Specialising in the distribution and sales of a diverse range of financial products as channel partner, they offer secured loans such as home loans and loans against property, unsecured loans like business loans and personal loans, professional loan as well as credit cards to the procured customers. Recently, they have expanded their services to include the distribution of insurance products. Through their dedication to offering exceptional financial solutions and consultancy services, they have distinguished themselves in
Show More

Object of Issue (My Mudra IPO Objectives)

  • Repayment of a portion of certain borrowing availed by the Company
  • Investment in technology development and digital infrastructure
  • To meet Working Capital requirements
  • General Corporate Purposes

Hem Securities Limited is the book-running lead manager of the My Mudra Fincorp IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for My Mudra Fincorp IPO.

My Mudra IPO Market Maker

Hem Finlease Private Limited

My Mudra IPO Registrar (RTA)

Skyline Financial Services Private Limited

My Mudra IPO Lead Manager (BRLM)

Hem Securities Limited

My Mudra Fincorp IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.

Anchor Investors in My Mudra IPO

No. of Anchor Investors: 7

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Rajasthan Global Securities 220,800.00 ₹110.00 ₹24,288,000.00
Mint Focused Growth 182,400.00 ₹110.00 ₹20,064,000.00
Kingsman Wealth Fund 91,200.00 ₹110.00 ₹10,032,000.00
Lotus Value Fund 91,200.00 ₹110.00 ₹10,032,000.00
Moneywise Financial Services 91,200.00 ₹110.00 ₹10,032,000.00
Next Orbit Growth 91,200.00 ₹110.00 ₹10,032,000.00
Shine star build 91,200.00 ₹110.00 ₹10,032,000.00

My Mudra Fincorp IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is My Mudra Fincorp IPO?

My Mudra Fincorp IPO, based in New Delhi, operates in the   Banking And Finance - FinTech sector with a focus on acts as a Channel Partner (DSA) for major banks and NBFCs in India.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. My Mudra Fincorp IPO size is ₹ 33.26 Cr. Crores with fresh issue size of Rs 33.26 Cr. Crores and Offer for sale being Nil.

When is My Mudra IPO allotment?

The IPO allotment date for My Mudra Fincorp IPO is expected to be 10th September 2024, after the finalization of basis of allotment. Investors can check My Mudra Fincorp IPO allotment status on the registrars website, Skyline Financial Services Private Limited. My Mudra Fincorp IPO refund dates are 11th September 2024.

When is My Mudra Fincorp IPO listing date?

My Mudra Fincorp IPO is expected to be listed on 12th September 2024.

What is the price band for My Mudra IPO?

The upper price band for the My Mudra Fincorp IPO is set at ₹ 110.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is My Mudra Fincorp IPO Review?

For IPO analysis on My Mudra Fincorp IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for My Mudra Fincorp IPO?

To apply for the My Mudra Fincorp IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th September 2024. After submission, funds are blocked until the basis of allotment of My Mudra Fincorp IPO is finalised.

Who is the merchant banker of My Mudra IPO?

The merchant banker for My Mudra Fincorp IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the My Mudra Fincorp IPO RHP for further details.

Who is the Registrar of My Mudra Fincorp IPO?

The registrar for My Mudra Fincorp IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to My Mudra Fincorp IPO through their official website or helpline.

What is the My Mudra Fincorp IPO subscription?

My Mudra Fincorp IPO was subscribed 102.48 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

Peer Companies Of This Sector

FAQs

My Mudra Fincorp IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on My Mudra Fincorp Financial Review Page

My Mudra Fincorp IPO subscription was 102.48 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

My Mudra Fincorp IPO listed at a listing price of 123.50 against the offer price of 110.00.

The current market price of My Mudra Fincorp is 67.20.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency